Russia to keep agricultural subsidies after WTO entry

Reuters Staff

1 Min Read

MICHURINSK, Russia, July 25 (Reuters) - Russia will not withdraw its financial support to the agricultural sector even after the country enters the World Trade Organisation (WTO), President Dmitry Medvedev said on Monday.

Medvedev also said Russia retains the rights to increase import duties on some products to help farmers.

“We are not talking about any restrictions on state support of agricultural producers after (Russia’s) accession to WTO, “ Medvedev told a meeting on crops and grain markets.

Reporting by Alexei Anishchuk; Writing by Vladimir
Soldatkin; Editing by Alissa de Carbonnel